Panama joins crisis meeting on Venezuela


News from Panama

Panama’s Vice President and Foreign Minister, Isabel De Saint Malo de Alvarado is attending an emergency meeting of foreign Ministers of the Lima Group which began on Friday, May 3, in the city of Lima. The meeting was called after the failed military uprising of a group of Venezuelan soldiers in support of the president […]

May 6, 2019

Drought hits Panama Canal shipping, highlights climate fears


News from Panama

An intense drought related to this year’s El Nino phenomenon has precipitously lowered the level of Panama’s Gatun Lake, forcing the country’s Canal Authority to impose draft limits this week on ships moving through the waterway’s recently expanded locks. The restrictions on how deep the vessels can reach below the surface means large ships, primarily […]

May 6, 2019

Cosmetics: High Costs to Enter the Market


News from Panama

Obtaining health records in Panama is a complex task, since it is the only Central American country that requests physical samples of new toiletries and cosmetics. Another factor influencing delays in the issuance of health records is the need for new procedure manuals and more staff, according to local authorities. You may be interested in […]

May 6, 2019

Panama’s Risk Rating Improves


News from Panama

Arguing that the country has a diversified economy which has contributed to sustained GDP growth, Standard and Poor´s raised the rating from BBB to BBB+, with a stable outlook. Economic diversification has also allowed per capita income to double in the last decade, one of Standard and Poor’s arguments for raising the rating. You may […]

May 6, 2019